Main Menu

Tag: pensions freedoms

Another double-digit growth year

Pensions boosted by freedoms and auto-enrolment

pension pot 2
Pension freedoms and auto-enrolment have helped funds shrug off political and global uncertainties to end another year with double-digit growth.

New research into retirement savings

Confusion still reigns over pensions freedoms

Pension advice
Savers are struggling to understand the new 'pensions freedoms' and are in danger of making wrong assumptions about choices they face, according to new research. READ MORE

New rules are boost for government

Treasury gets £880m tax windfall from ‘pensions freedoms’

The Treasury is expecting an £880 million windfall from its “pension freedoms” as retirees cash in their savings pots. Retirees whose pots were previously inaccessible to the taxman, are now able toRead More

Freedoms hit some hard

Annuity incomes hit record low after pensions change

pension pot 2
Average income from a standard annuity has plummeted to a record low, a consequence of the new pensions freedoms. Single life annuity payouts fell by 5.7% over 2014, and that has accelerated toRead More

Pensions freedom day

Only one in ten likely to cash-in pension savings

New research shows that only one in ten of those affected by next week’s pensions changes plans to cash-in the whole of their savings pot. A study reveals that 9% plan toRead More

DWP creates new capital rule

Webb ‘turning pensions freedom to serfdom’

A Scottish savings firm has criticised the government for turning pensions ‘freedom’ into pensions ‘serfdom’ just weeks before the reforms are introduced. A new Deprivation of Capital rule means theRead More

Budget Comment: Alan Steel, Personal finance

Beware the new pensions promises – and think before you leap

Alan Steel
Economists, it is said, see things happening in practice but say but they wouldn’t work in theory. Politicians follow this mantra inversely judging by the mess UK governments have madeRead More

Changes are not all they seem

Don’t live to regret the pensions ‘freedom’

If the Chancellor was wondering how to raise the Income Tax take and be feted by the Grey vote and Personal Finance Journalists he struck lucky: just announce pensions andRead More